Generational Wealth 101: STRATEGY To Financial FREEDOM (Realistically)

Subscribe to Neeraj Sir's podcasting channel: www.youtube.com/@themoneypodc...
In this episode, Vinamre and Neeraj sir discussed the timeless wisdom of "Same as Ever". They also discussed about:
- The invaluable insights on the often misunderstood concept of risk, the importance of emergency funds, and why overestimating them is a game-changer.
- Where to invest before diving into SIPs, the magic of compounding, and the best ways to save money.
- How conservatism saved our parents' generation and the common debt mistakes made by the current generation.
Timestamps:
0:00 - Introduction
2:30 - About the first podcast around Index fund
4:55 - Introduction about the book & author
8:35 - Chapter 1 (Quote)
12:50 - Importance of lessons from the past
17:49 - Lesson from Warren Buffet
19:10 - How great did companies grow during a recession?
22:02 - When do people lose money in the stock market?
11:57 - What does Jeff Bezos say about the future?
23:48 - What exactly is Risk?
29:15 - Emergency funds & liquidity needs.
29:52 - Before investing in SIP.
31:25 - Overestimation in edtech of online learning
32:55 - Unemployment during the great depression in USA
34:43 - Neeraj’s financial investment risks
35:35 - How to prepare for risks?
40:00 - Power of compounding
41:37 - What is the best way to save money? Savings options
44:07 - Why do people take risks with their money?
48:05 - What is the best thing money can buy?
49:08 - How conservatism saved our parents’ generation
49:41 - Things to learn from our parents’ generation
51:40 - 21 Lakh ka bhaat
52:40 - Wealth is what you don’t see
55:03 - Harry Houdini’s death story
58:54 - Rules of Happiness
1:04:09 - Stoicism, What makes creators unhappy?
1:05:43 - What Neeraj learnt from Charlee Mangar
1:07:09 - How expectations impact negatively. Don’t do things by getting influenced
1:08:16 - Certainty over accuracy
1:10:05 - Frauds in the Stock Market
1:13:05 - Why do people get out of stock markets?
1:13:46 - How to manage volatility?
1:17:39 - How to mentally prepare yourself before investing?
1:21:10 - Why fear is important for money?
1:24:57 - Social media & Finance influencers
1:28:15 - Always be prepared for the risk
1:30:42 - Increase the chances of success. Probability over accuracy
1:32:10 - 3 steps to plan your finances and investments efficiently
1:38:10 - Personality types that will never make money
1:44:04 - Reinvesting, saving money?
1:53:21 - Do you want a part 2 of this book?
1:56:10 - Enjoy your money
2:02:42 - A financial advice for people in their 20s
2:07:46 - Advice from Neeraj
My Mic Setup: www.amazon.in/dp/B0CG36ML45
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==
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For business inquiries: [e-mail]
==
#Dostcast

[@Mohan_Kamatkar]

Petition to reserve one podcast a month for Neeraj Sir... 🔥

[@mohit3736]

Yes pls

[@asifolistic]

+1

[@sanskarkhemka5]

2 atleast

[@Iamneeraj_verma]

Less go🎉

[@devanshsrivastav6247]

+1

[@punitdubey000]

Hope this time it would be 10hr long podcast 🙏🏻🙏🏻🙏🏻

[@krishverma731]

Haha.. Seriously bhai, we need that

[@subhashsingh5301]

DOSTCAST HI ASLI DOST HAI, NEERAJ SIR IS THE BEST

[@kpprasad1652]

My Learnings : 1. Risk is what u can’t see 2. Fear is Valuable Pls add your learnings too... It'll be helpful to all of us hume bag-2 chahiye

[@JohnWick-me9lx]

Prediction is overrated, preparedness should be focus.

[@ranitdey6355]

Live below your means

[@user-eh4fn4np5s]

A big thanks to neeraj sir...was writing people who has helped me make better decisions across health,finance and life. He was there along with naval ravikant, morgan housel,huberman.always grateful to you both❤❤

[@raaaaz2545]

My Learnings: 1. Be Frugal. 2. Goal is to be Rich not to Look Rich. 3. Slow & Steady Always Wins. 4. If you cant see your Portfolio in Red then stock market is not for you. ☺☺👍👍

[@Do_Anything_you_want]

1:03:50 Charlie Munger 🙏. My personal Guru not only in finance but life.

[@mkumarfeb]

So grounded. Enjoyed it wity great learning. Would be waiting for part-2 and more.

[@AnkitSingh-us2hg]

One of the best podcast, I have ever seen. both the parts of this podcast is too good. Thank you @NeerajArora

[@bhnuc]

Found Neeraj ji ke podcasts around lockdown. One of best things happened to me financially. Esp from his advice on active and passive funds. Part2 will be treat offcourse. ❤

[@Happysoul_3]

Best guidance neeraj sir. I seriously desist people going to stock markets. Stock youtubers are just generating greed among the youth. SIP is the best instrument.

[@tvnishq]

Vinamre brings the best out of Neeraj sir. I think he is under appreciated for it.

[@Mukundpawar44]

Very interesting podcast with CA Neeraj Arora! Please undertake more of such podcast with CA Neeraj Arora. Thanks a lot! CA Mukund Pawar

[@eatishambano1731]

We want part 2 neeraj sir always rocks ❤ thank you so much apse investment Sikh rhi hu or implement bhi kr rhi hu.... thanks from bottom of my heart 💕 ..please make more vedios on financial awareness.

[@VishalPedia]

Great learning experience, thank you Both of You

[@omkhandre9227]

We want part 2 and entire playlist ❤

[@rashikasharma0807]

Ye part 2 hi tha 🤣🤣🤣

[@ashishbhatt7861]

Sir maine aapka aur parimal sir ka course liya tha very helpful me....thanks neeraj sir

[@myvisuals8794]

My Index fund is up by 17%, it's been 5 months. Trying to stick to my commitment. Thanks Neeraj Sir.

[@puneetrana2544]

Bto how can we invest in index funds? I am vased in overseas.

[@Rahul_JSS]

Thanks Neeraj sir 🙏

[@user-jf6zn7nd9b]

Great sir……thanku so much sir❤❤❤❤❤❤❤

[@SkyLoreking]

For the first few initial years, it is always best to hire a fee-only based financial advisor.Make your own decisions later, when you believe you are more confident and capable. Grateful for your podcast

[@sushantgorivale4501]

You are the best to listen too very practical

[@DanishAnsari-AD]

the psychology of money Maine dobara se aur ache se samjh samjh ke read ki hai AP dono ki convenience dekh ne ke baad aur sir ki the money podcast ko sune ke baad❤

[@jayparekh8862]

sahi mein Neeraj sir aur apke podcast yaar lot of things to learn.

[@canikkisharma5894]

I love this podcast

[@aniketsinghkirar6714]

Enjoyed the conversation and I learnt a few new things.

[@utkarshsingh1922]

Very honest podcast...awesome bro

[@ambujkansal7994]

Thanks a lot for the discussion!

[@PrathameshBalapure]

5hr podcast chaiye

[@sandipdixitmusic]

If you keep this good work on and continue with more of this kind of knowledge than yeti and aliens in the coming 2024, you will beat all records and build a niche segment. Great work Dost

[@moosewalaforever5911]

we want part2 btw loved it!!❤

[@user-th8dq1ev2l]

We want a part 2 definitely

[@mahimasingh3578]

Best 2 hrs

[@dhyanpatel1584]

Neeraj sir is amazing... if there are two choices then Will choose your long hours of podcast instead of watching movies.❤🙏

[@johnnystar2975]

It's Real their chemistry we can see it...

[@67gaurav]

Great logical podcast. 👍👍

[@salunkehanumant1]

Great podcast

[@Ambuj_Saxena]

We certainly want a Part 2 :) Amazing, insightful discussion!

[@rutujanandanwar5406]

Ki logon ko bagon mein Jana chahiye.. Besides kidding, it was great podcast.Audience would like to have a podcast with neeraj sir about how to start with personal finances when one starts earning recently, as he told about health ins., term life ins. etc

[@Motovloggig]

I listen all Podcast of Neeraj Arora thank you sir

[@chakriyavadal]

Neeraj sir is gem❤️❤️❤️❤️❤️

[@abhinavsingh4149]

We need part 2 😊

[@kartikrathore00]

Thank you for yet another amazing session 🔥

[@bhatt9696]

Aisa lag raha hai jaise parimal ade show ka repeat telecast dekh Raha hoon... It's amazing dude😊

[@akshatjain6925]

Or podcast karo Neeraj Sir ke sath please..these talking make my mood and intelligence soo good.

[@sujalparmar5577]

Amazing podcast, thank you for it, sir. Please do a regular podcast like modi ji did MANN ki baat at end of month,you can do DHANN ki baat. Please consider it.😅

[@tajmohammad2149]

Thanks bro

[@parasyadav2735]

❤️ Need 2 part . Napoleon's definition of military genius- The man who can do the average thing when everyone else around him is losing his mind."

[@vaishnav8507]

Part 2 💪💪💪

[@user-yr7ok8rm5q]

Neeraj Sir Or Dostcast Ki Prodcast Indian Youths Kee Liye Future Main Ek Ek Bardan Hain

[@SonuPal-cg9mi]

We went full course in financial management and policies

[@user-eh4fn4np5s]

We want a part 2

[@tutu966]

We want part 2

[@Navneet_Pandey_]

We want a part 2 🔥🔥🔥

[@vishalchaudhari9182]

Next episode please. Mai stocks ke bare me shikh raha hu. Aur kuch amount invest kiya hai. Thank you for podcast. ..

[@saikatdas4739]

The job of the podcaster is to put interesting questions and try to gauge the best from the guest, this looks less like a podcast and more like chai ki tapri discussion on the host part - just putting a mic in front of cam doesnt make a person a good podcaster. Neeraj is brilliant as usual.

[@3755dilip]

Niraj Sir jab Bolte hai to aisa lagta hai Sakahaat Saraswati birajmaan ho jati hai unki zabaan pe! 😊

[@Rtr.AmanJha]

We want a part 2 hamein bhag 2 chahiye is podcast ka

[@Writerography]

Heart heart

[@sunapila]

Bhag 2❤

[@prakashakshay6336]

❤

[@SahilKaura-ff7hj]

Part 2

[@ashokbarvadiya]

Sir what to do I TRIED Getting TERM Insurance but Company’s don give me due to annual Income , When I am ready to pay complete Premium that too on time but dont know insurance companies deny me term insurance

[@vishaltyagi380]

31.00 talking about SRS group

[@shashwatkumar1879]

Best duo on KZbin❤

[@DrDhaval]

❤❤❤

[@sketchkingston6503]

fan of his tech and fin knowlege

[@skywalker1996]

log bag is constant... love neeraj sir

[@kritgupta8205]

😂😂👌🏻

[@tusharkupale1311]

In this podcast , Health and Life insurance term is first thing to do and then do SIP And part 2

[@JohnWick-me9lx]

Keep these podcasts coming

[@sauravekka876]

Part2 pleasee....

[@Itsokay12349]

Best duo ❤️

[@sanskarkhemka5]

We want more of neeraj sir on this podcast

[@rahulchandanshive4680]

We wand the part 2 ❤❤❤

[@milestowalk_]

❤❤❤❤❤❤❤❤

[@kashishrangari5401]

Bilkul part 2 leke aao bhai❤

[@IshaanCH24]

we want a part two ❤

[@rovinmartis6309]

We want a few more episodes

[@rajatyadav5108]

Want part 2

[@avirajchaudhary7923]

Want Part 2 Vinamra

[@mohit3736]

I think I speak for everyone when I say we can never have enough of Neeraj Arora on Dostcast 🙌🏼

[@anunaykanade7495]

We want more episodes

[@Laxman_sarangi]

Thank god, i am in right path ❤

[@aniketpathak7842]

THE last shayari was so funny😂

[@preritpisda3592]

We want part 2.

[@ra5hid101]

Well not everyne invests for long term , for not so rich individuals liquidity is important.

[@cawithdeepak]

@NeerajArora Whom to Contact to purchase camera ?

[@proudtobeindian9637]

Book name their are talking ???please tel

[@Rajan_Kr_Sahu]

Which bank in India has the best internet banking experience?

[@satyamshukla7008]

Part- 2

[@manikantabishek3582]

Sir please tell how to select a good sip

[@bhaijaan9319]

Yes sir you are 100% right HSBC is now same as SBI no accountability in terms of customer service. Actually SBI is better then HSBC now

[@mohit214ml]

There is a difference between HDFC and HSBC.

[@jasha9sandhu]

Vinamre sense of humour is spot on

[@shikhamawar9729]

I’ve started my sips and saw good results from seeing the first podcast 🫶🏻 we want part 2 for sure .

[@youtubeshorts-fp3iw]

I have one question from neeraj sir for example in 2002 the share price of HDFC BANK was 33.60 and the all time of HDFC BANK is 1746 so in TRA.VIEW it showing return of 5125% , and ASIAN PAINT have a share price of 20 rs in 2002 and all time high is 3548 so it comes 16872% at all time high in 21 years time horizon. So are these companies are now that much capable if we hold such companies for a long term perspective because as we are seeing so many fraudas in some companies like recently in BANK OF BARODA so doing long term investing in these long horizon time is good and is it possible to expect this kind of returns I have listen NEERAJ sir a lot and he always say expect to beat inflation only and I totally agreed with him I am following neeraj sir from neeraj arora channel and start investing in INDEX FUND from 2020 after listing to him and my current return is going around 32% so this is just a question so plzz sir reply my question and thank you for such great knowledge.

[@puneetrana2544]

How can we invest in index funds ?

[@skywalker1996]

need part 2 bro

[@harneksingh5504]

Part 2....😇

[@praveshmansharamani4458]

💙

[@06sanmal]

For investing in the index which route is better- mutual funds or ETF?

[@chandruzone8514]

FOR LONG TERM GO FOR MUTAL FUND , SHORT TERM PLAY DEFINITELY GO FOR ETF BSC IT'S VERY EASY TO MAKE POSITION AND EXIT